A resource for credit unions in CA & NV, providing credit union financial and economic trend analysis, brought to you by your Leagues in partnership with CUNA & Affiliates.
Answers to your crucial questions can be less than one business day away. Post your question here, and a talented R&I professional will get back to you quickly! Or if you prefer, call the R&I Hotline to speak directly with our knowledgeable consultants. R&I Hotline: 877-243-5728
Continue for Ask R&I
|August 8, 2014|
|TIPs Bulletin #14-16||CA Local Agency Deposits Weekly Reports Can Be Submitted Electronically|
|August 8, 2014|
|TIPs Bulletin #14-15||MasterCard Revised Standards – Limitation of Liability of Cardholders for Unauthorized Use (“Zero Liability”)|
|July 16, 2014|
|TIPs Bulletin #14-14||Canada’s Anti-SPAM Legislation (CASL) and Its Impact to U.S. Credit Unions|
Shared Compliance Services
CURoots offers a variety of services to help you keep pace with ever-changing regulatory compliance while you focus on day-to-day credit union business.
Internal Audit Services
CURoots can help your credit union identify potential issues, assess risk, and save valuable time and resources by providing expert assistance for your auditing needs.
TIPs Bulletin 14-08 highlights how the upcoming report-and-remit period is the second of a two-part process by the California State Controller’s Office.
Reminders and resources are provided regarding the UFS-1 form, correct listings of property owners, standard NAUPA II reporting (National Association of Unclaimed Property Administrators), paper reporting, remitting, and reporting to other states.
TIPs Bulletin 14-09 reviews how state-licensed/chartered credit unions must file IRS Form 990-Return of Organization Exempt from Income Tax, or file for an automatic three-month extension by May 15 (or by the 15th day of the fifth month after the credit union’s accounting period ends).
This bulletin includes helpful information surrounding the due date, exemption for federal credit unions, electronic filing, penalties, and other pertinent resources.
CUSO Rule Reminder
As a reminder, the National Credit Union Administration’s (NCUA) final rule to amend its credit union service organization (CUSO) regulation takes effect June 30.
The agency says the rule will increase transparency and address certain safety and soundness concerns.
EXCEPTION ISSUED ON REMITTANCE RULE
updated 08/25/14 09:28 PM
CUs Can Estimate Fees
A final rule issued by the Consumer Financial Protection Bureau (CFPB) extends a temporary exception to its remittance transfer rule that allows credit unions and other depository institutions to estimate certain remittance pricing disclosures when specific pricing information is not available.
CFPB ISSUES FINAL 'TILA' ADJUSTMENTS
updated 08/24/14 11:35 AM
Rule Reviews Dollar Amounts
The Consumer Financial Protection Bureau (CFPB) is issuing its final rule on Truth in Lending Act (TILA) annual threshold adjustments, amending the regulatory text and official interpretations for Regulation Z, which implements TILA.